The K-pop label Big Hit Entertainment, which manages the South Korean boyband BTS, is issuing shares at 135,000 won ($115) each in its upcoming initial public offering (IPO).  

The pricing is at the top of the indicative range of 105,000-135,000 won ($89.45-114.99), Big Hit said in a regulatory filing on Monday.

Hoping to cash in on the global frenzy surrounding BTS, the label, which was founded in 2005, is offering slightly more than seven million shares to the public, raising $820 million for expansion and valuing the company at 4.8 trillion won ($4.1 billion).

All seven members of the boyband have become multimillionaires in a deal, which is South Korea’s largest stock offering since July 2017, according to data compiled by Dealogic.

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The company is run by CEO Bang Si-Hyuk, a music producer who is credited with creating BTS and pushing it to stardom in 2013.

Bang owns about 43% of Big Hit, according to a stock exchange filing. The IPO has made Bang a billionaire.

Bang gave each of the BTS band members 68,385 shares in August. Those holdings are now worth nearly $7.9 million each at the issue price.

The shares start trading on October 15.

In 2017, BTS broke into the US music scene and soon became the first South Korean group to top the Billboard Hot 100 in the United States.

Big Hit is expected to list on the Korea Composite Stock Price Index (KOSPI) on October 15, with BTS set to release their next album BE (Deluxe Edition) on November 20.

Die-hard BTS fans will also be keen to get even a single share in their idols.